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Boones Mill, VA

Full City Profile · Virginia · Roanoke city County

3.3 /5.0
B Good
224 Population 303/sq mi density
$74,625 Median Income $40,913 per capita
$186,300 Home Value $315,771 Zillow
$929 Median Rent 32.8% income on rent
58°F Avg Temperature 305 sunny days/yr
269 Violent Crime/100K 3,619 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$74,625 median income, 9.1% unemployment
A+
Affordability
5.0 / 5.0
$186,300 home value, $929/mo rent
F
Safety
1.0 / 5.0
269 violent crimes/100K
B+
Education
3.6 / 5.0
33.0% bachelor's degree or higher

Housing Overview

Median Home Value
$186,300
34% below
US avg: $281,900
Median Rent
$929/mo
20% below
US avg: $1,163/mo
Homeownership Rate
79.8%
22% above US avg (65.4%)
Total Housing Units
108
Median year built: 1956

Home Value by Source

Census Median
$186,300
Zillow (ZHVI)
$315,771
Median Sale Price
$197,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.8%
Owner-Occupied
20.2%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $929/mo

Market Indicators (Redfin)

Median Days on Market
71 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$76

Affordability & Housing Stock

Rent Burden
32.8%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
79.8%

Complete Housing Data

Home Values

Census Median Value$186,300
Zillow Home Value (ZHVI)$315,771
Median Sale Price$197,500
Price Per Sq Ft$76

Rent

Census Median Rent$929
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market71
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$76

Ownership & Stock

Owner-Occupied79.8%
Renter-Occupied20.2%
Homeownership Rate79.8%
Total Housing Units108
Median Year Built1956
Rent Burden32.8%